Aditya Birla Sun Life Multi-Cap Fund launched

Aditya Birla Sun Life AMC has launched the Aditya Birla Sun Life Multi-Cap Fund, an open ended equity scheme investing across large cap, mid cap and small cap stocks. The NFO is open till May 3. The Multi-Cap category is mandated to invest at least 25% in each of the three market cap segments of large, mid and small caps.

This well-defined and disciplined market cap allocation helps invest in fast growing sectors and companies from across the spectrum, while balancing out the risk reward proposition with relative safety of large caps, said the fund house.

Commenting on the launch, A Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC, said, “Large-caps are proven quality compounders and must-haves for any portfolio but from a long term perspective, a healthy exposure to mid and small cap segment is proven to be growth enhancers and rewarding. Aditya Birla Sun Life Multi-Cap Fund combines the power of all three to offer a curated portfolio of high conviction stocks across the three market caps. The fact that one can invest in this through SIPs makes it a convenient way to participate in India’s long term growth story”.

“With an easy fiscal and monetary policy to support economic growth, low interest rate, surplus liquidity, conducive policies aligned to Production Linked Incentives (PLI), Aatmanirbhar Bharat, Development Finance Institution (DFI), labour and industrial reforms, unprecedented digital adoption, brings forth multiple macro advantages that reaffirms the expected growth momentum of Indian economy which can fuel all the segments of the market especially mid and small cap companies”, Balasubramanian added.

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